# Pariax, LLC

> Institutional holdings reported to the SEC as of Q4 2023 on Form 13F. CIK 1879203. Source: https://holderbook.com/funds/1879203-pariax-llc/

- Reported value: $44.3M
- Positions: 15
- Weight of the ten largest: 93.5%
- Filed: 2024-02-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $7.4M | 188,927 | 16.6% | 3 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $6.7M | 67,715 | 15.1% | 3 |
| ISHARES TR | [SGOV](https://holderbook.com/stocks/SGOV/) | $5.1M | 50,863 | 11.5% | 2 |
| ISHARES TR | [IEF](https://holderbook.com/stocks/IEF/) | $4.9M | 50,988 | 11.1% | 3 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $4.1M | 64,754 | 9.3% | 1 |
| VANGUARD WORLD FD | [VHT](https://holderbook.com/stocks/VHT/) | $3.3M | 13,303 | 7.5% | 9 |
| SELECT SECTOR SPDR TR | [XLE](https://holderbook.com/stocks/XLE/) | $3.1M | 37,224 | 7.0% | 1 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $2.8M | 68,557 | 6.4% | 9 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $2.7M | 34,312 | 6.0% | 9 |
| ISHARES TR | [IYW](https://holderbook.com/stocks/IYW/) | $1.3M | 10,949 | 3.0% | 9 |
| VANGUARD WORLD FD | [VDC](https://holderbook.com/stocks/VDC/) | $1.0M | 5,328 | 2.3% | 9 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $858.4K | 6,145 | 1.9% | 9 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $569.5K | 21,093 | 1.3% | 9 |
| NIO INC | [NIO](https://holderbook.com/stocks/NIO/) | $296.1K | 32,650 | 0.7% | 5 |
| BANK MONTREAL MEDIUM | [FNGDXXXX](https://holderbook.com/stocks/FNGDXXXX/) | $125.6K | 21,550 | 0.3% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2023 | +5.2% | +11.2% | -6.0% | 100% |
| Q3 2023 | -3.1% | -3.6% | +0.5% | 100% |
| Q2 2023 | +1.9% | +8.3% | -6.4% | 100% |
| Q1 2023 | +14.4% | +7.0% | +7.3% | 100% |
| Q4 2022 | +6.4% | +7.1% | -0.7% | 100% |
| Q3 2022 | -6.0% | -5.3% | -0.7% | 100% |
| Q2 2022 | -20.4% | -16.5% | -3.9% | 99% |
| Q1 2022 | -3.5% | -4.9% | +1.4% | 96% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2023 | $44.3M | 15 |
| Q3 2023 | $32.0M | 13 |
| Q2 2023 | $31.9M | 13 |
| Q1 2023 | $32.9M | 12 |
| Q4 2022 | $80.7M | 28 |
| Q3 2022 | $87.1M | 27 |
| Q2 2022 | $90.5M | 29 |
| Q1 2022 | $106.1M | 28 |
| Q4 2021 | $106.1M | 33 |